It's going to be a joint venture with my wife and her parents.

To me that implies a long term partnership or joint venture of some type.

I'm really looking forward to getting all the expert opinions in our ventures and also seeing the successes of others on this site!

Welcome Denise and good luck with your new venture :)

However I would have a contract written up (operating agreement or Joint Venture) with said Bird Dog.

Welcome to BP, William.You posted this as recreational, do you have a business venture in mind, trail riding, shooting range, etc or is this just for your private use?

I also have a lot of Robert Kiyosaki stuff on my external hard drive.I started a business checking account for my real estate investing venture over a year ago, but as of yet, I have still yet to make money.

So I found a motivated seller who's going through a divorce.The numbers are good, but there's a 25k lien on his home, since he used his home as a collateral for a business venture gone wrong.Numbers: ARV: 370.I offered $228,321.

No stop lights though.Im sure investing here is going to be a challenge and I will have to venture out some.

Real Estate is a new venture for me and I'm looking to buy a property investment within the next 6 months or year.